City Office REIT Company Profile (NYSE:CIO)

City Office REIT, Inc. is a real estate investment trust. The Company is focused on acquiring, owning and operating office properties located primarily in metropolitan areas in the Southern and Western United States. It conducts its operations primarily through City Office REIT Operating Partnership, L.P. (the Operating Partnership). As of December 31, 2016, it owned 18 office complexes consisting of 37 office buildings with a total of approximately 4.4 million square feet of net rentable area (NRA) in the metropolitan areas of Boise, Dallas, Denver, Orlando, Phoenix, Portland and Tampa. Its properties include Park Tower, City Center, Intellicenter and Carillon Point in Tampa, Florida; Cherry Creek, Plaza 25, DTC Crossroads, Superior Pointe and Logan Tower in Denver, Colorado; Washington Group Plaza in Boise, Idaho; FRP Collection, Central Fairwinds and FRP Ingenuity Drive in Orlando, Florida; 190 Office Center and Lake Vista Pointe in Dallas, Texas, and SanTan in Phoenix, Arizona.

What is City Office REIT's stock symbol?

City Office REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIO."

How often does City Office REIT pay dividends? What is the dividend yield for City Office REIT?

City Office REIT announced a quarterly dividend on Wednesday, June 28th. Stockholders of record on Tuesday, July 11th will be given a dividend of $0.235 per share on Tuesday, July 25th. This represents a $0.94 annualized dividend and a dividend yield of 7.56%. The ex-dividend date of this dividend is Friday, July 7th. View City Office REIT's Dividend History.

How were City Office REIT's earnings last quarter?

City Office REIT, Inc. (NYSE:CIO) issued its earnings results on Thursday, August, 3rd. The company reported $0.27 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.24 by $0.03. The company had revenue of $25.16 million for the quarter, compared to analyst estimates of $26.18 million. City Office REIT had a net margin of 3.70% and a return on equity of 1.91%. During the same quarter in the prior year, the company posted $0.22 earnings per share. View City Office REIT's Earnings History.

What guidance has City Office REIT issued on next quarter's earnings?

City Office REIT issued an update on its fourth quarter earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $0.29-0.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.29. City Office REIT also updated its FY17 guidance to $0.96-0.99 EPS.

Where is City Office REIT's stock going? Where will City Office REIT's stock price be in 2017?

4 equities research analysts have issued 12-month price targets for City Office REIT's shares. Their forecasts range from $14.50 to $15.00. On average, they expect City Office REIT's stock price to reach $14.83 in the next twelve months. View Analyst Ratings for City Office REIT.

Who sold City Office REIT stock? Who is selling City Office REIT stock?

City Office REIT's stock was sold by a variety of institutional investors in the last quarter, including Orinda Asset Management LLC, Sterneck Capital Management LLC, First Allied Advisory Services Inc., Alliancebernstein L.P., Kennedy Capital Management Inc., New York State Common Retirement Fund, Friedberg Investment Management and ICM Asset Management Inc. WA. View Insider Buying and Selling for City Office REIT.

Who bought City Office REIT stock? Who is buying City Office REIT stock?

City Office REIT's stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., LSV Asset Management, Principal Financial Group Inc., Bridge City Capital LLC, Vanguard Group Inc., Dimensional Fund Advisors LP, State Street Corp and First Heartland Consultants Inc.. Company insiders that have bought City Office REIT stock in the last two years include James Thomas Farrar, Jeffrey David Kohn, John R Mclernon, John Sweet, Mark Wilhelm Murski, Samuel Belzberg, Stephen B Shraiberg and William R Flatt. View Insider Buying and Selling for City Office REIT.

How do I buy City Office REIT stock?

Shares of City Office REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is City Office REIT's stock price today?

One share of City Office REIT stock can currently be purchased for approximately $12.44.

MarketBeat's community ratings are surveys of what our community members think about City Office REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.